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Free Standing Diner On Busy East Bay Intersection $1.2 Million+ Sales $177,000 Profit

Alameda, California : Restaurants
Listing #2769

Free Standing Diner On Busy East Bay Intersection $1.2 Million+ Sales $177,000 Profit RRC#: 2769 Asking Price: $450,000 Location: Alameda County, Alameda County, California Yearly Revenue: $1,241,028 Yearly Cash Flow: $177,492 Monthly Rent: 8,500 + $988 NNN LISTING DESCRIPTION: This free-standing diner is located on very busy intersection in an East Bay Shopping Center. Fully equipped with a walk in cooler and freezer and a cooking line with a 24 foot hood. It seats 150. The rent is fixed for the remainder of the lease and goes up 3% on the option. Sales are increasing and were up $100,000 in 2016 and have averaged $112,000 a month this year. Delivery business accounts for about $15- 20,000 per month. The owners do some catering, but haven’t done any marketing. Growing area with new housing developments. Good opportunity for a experienced operator. NO BROKER COOP. GENERAL INFORMATION: Organization: Corporation | Year Established: 2010 | Current Owner: 2010 | Employees: Owners: FT: 2, PT: 0 Employees: FT: 5, PT: 16 | Square Footage: 3,953 | Parking: Ample | Licenses Required: Health permit, Food Handler's, ABC type 41, BOE | Days Open/Hours: Daily 7:00 to 9:00 | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,241,028 | Yearly Cash Flow: $177,492 | LEASE INFORMATION: Monthly Rent: 8,500 + $988 NNN | Lease Expiration: 8/31/20 | Lease Option: (1) 5yr |

Asking Price:

$450,000

Gross Income:

$1,241,028

(last 12 months)
Cash Flow:

$177,492

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Free Standing Diner On Busy East Bay Intersection $1.2 Million+ Sales $177,000 Profit

RRC#: 2769
Asking Price: $450,000
Location: Alameda County, Alameda County, California
Yearly Revenue: $1,241,028
Yearly Cash Flow: $177,492
Monthly Rent: 8,500 + $988 NNN

LISTING DESCRIPTION:
This free-standing diner is located on very busy intersection in an East Bay Shopping Center. Fully equipped with a walk in cooler and freezer and a cooking line with a 24 foot hood. It seats 150. The rent is fixed for the remainder of the lease and goes up 3% on the option. Sales are increasing and were up $100,000 in 2016 and have averaged $112,000 a month this year. Delivery business accounts for about $15- 20,000 per month. The owners do some catering, but haven’t done any marketing. Growing area with new housing developments. Good opportunity for a experienced operator. NO BROKER COOP.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2010 | Current Owner: 2010 | Employees: Owners: FT: 2, PT: 0 Employees: FT: 5, PT: 16 | Square Footage: 3,953 | Parking: Ample | Licenses Required: Health permit, Food Handler's, ABC type 41, BOE | Days Open/Hours: Daily 7:00 to 9:00 | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,241,028 | Yearly Cash Flow: $177,492 |

LEASE INFORMATION:
Monthly Rent: 8,500 + $988 NNN | Lease Expiration: 8/31/20 | Lease Option: (1) 5yr |


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